• Gavel-money

    'Face of the housing crisis' exonerated by Appeals Court Countrywide Hustle ruling

    InvestmentsLending

    Former Countrywide exec Rebecca Mairone cleared


  • InvestmentsLending

    Former Countrywide exec Rebecca Mairone cleared

    Lost in the shuffle of the United States Court of Appeals for the Second Circuit's decision to toss the $1.27 billion penalty against Bank of America was the fact that the court also overturned the fraud charges and voided the $1 million penalty against Rebecca Mairone. Mairone is the same person who the New York Times once referred to as the "face of the housing crisis."

This month in
HousingWire magazine

Cover Story
May 2016

Digital disruption: How consumer demand is pushing lenders to a new normal

Saddled with legacy systems and burdened with changing regulations, the mortgage industry has been slow to adopt digitization compared to many other industries. Now, however, the industry must provide more transparency to regulators and satisfy consumers while managing tighter margins. In this perfect storm, there’s only one lifeboat — a digital process.

Feature

Rental surge: Why more people are opting out of homeownership

Lending

Commentary

A holistic approach to gauging housing market performance

Lending